Tuesday, June 09, 2020

National Bureau of Economic Research Says Recession Began in February

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See Recession in U.S. Began in February, Official Arbiter Says: Start of downturn marks the end of 128-month expansion that began in June 20...
Monday, June 08, 2020

Child-Abuse Reports Are Falling, and That’s Bad News for Children: Pediatricians say they are seeing alarming injuries and deaths as the coronavirus pandemic cripples the nation’s early-warning system for child abuse

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By Deanna Paul and Zusha Elinson of The WSJ . Excerpts: "Child-abuse specialists are watching a grim scenario unfold since the ...
Sunday, June 07, 2020

As Covid-19 Closes Stadiums, Municipalities Struggle With Billions in Debt

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Pandemic crushes tourism and turns sports venues into a strain on local budgets By Sebastian Pellejero and Heather Gillers of The WSJ . Ex...
Friday, June 05, 2020

Today is Adam Smith's Birthday

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This is a good essay about his ideas. How Adam Smith Showed We Can Do Good By Doing Well: Doing good while doing well proposition does not ...
Thursday, June 04, 2020

‘Everything Is Gone’: Looting Strikes a Second Blow to Reeling Businesses in Minority Neighborhoods

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Along Philadelphia’s 52nd Street corridor, mom-and-pop stores suffered major damage. Many had been gearing up for revival after weeks of cor...
Wednesday, June 03, 2020

Study by Harvard economics professor found no evidence of bias in police shootings

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See Good Policing Saves Black Lives A report by Harvard’s Roland Fryer shows that when the cops pull back, homicides increase by Jason Ril...
Tuesday, June 02, 2020

The Hottest Item on Takeout Menus: Leftovers

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Pandemic prompts customers to place orders that yield more than one meal—and restaurants oblige By Annie Gasparro and Heather Haddon of T...
Monday, June 01, 2020

Nobel Prize winner Robert J. Shiller on what might be the lessons from the Spanish flu and the Great Depression

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See Why We Can’t Foresee the Pandemic’s Long-Term Effects: The Great Depression of the 1930s was an economic downturn that became a prolonge...
Friday, May 29, 2020

U.S. savings rate hits record 33% as coronavirus causes Americans to stockpile cash, curb spending

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By Maggie Fitzgerald of CNBC . Excerpts: The personal savings rate hit a historic 33% in April, the U.S. Bureau of Economic Analysis ...